Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities
Net income (loss)	$ 3,563	$ 73,594
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Bad debt expense (benefit)	(30)	(288)
Depreciation and amortization	2,073	2,039
Equity-based compensation	59,638	37,067
Deferred tax provision	(3,170)	25,973
Other	86	3,192
Changes in assets and liabilities:
Accounts receivable	16,328	2,643
Accrued and other receivables	(8,807)	11,957
Prepaid expenses and other assets	(3,870)	463
Deferred compensation	(19,001)	(10,957)
Compensation payable	(214,005)	(403,408)
Accounts payable, accrued expenses and other liabilities	16,507	(17,798)
Deferred revenue	(3,644)	1,040
Dividends received	2,189	2,029
Net cash provided by (used in) operating activities	(152,143)	(272,454)
Cash flows from investing activities
Purchases of investments		(117,432)
Proceeds from sales of investments	171,321	147,250
Purchases of equipment and leasehold improvements	(1,104)	(2,458)
Net cash provided by (used in) investing activities	170,217	27,360
Cash flows from financing activities
Payments for dividends and tax distributions	(46,031)	(45,647)
Payments for treasury stock purchases	(44,526)	(97,929)
Payments under tax receivable agreement		(248)
Other proceeds		100
Net cash provided by (used in) financing activities	(90,557)	(143,724)
Effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash	329	(1,141)
Net increase (decrease) in cash, cash equivalents, and restricted cash	(72,154)	(389,959)
Cash, cash equivalents, and restricted cash, beginning of period	207,539	521,014
Cash, cash equivalents, and restricted cash, end of period	135,385	131,055
Cash paid during the period for:
Income taxes, net	2,352	7,165
Other non-cash activity
Class A Partnership Units or other equity converted into Class A Common Stock	226	150
Dividends in kind	$ 5,711	$ 5,572